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Dec 29, 2012
12/12
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. >> stephen moore saying we're going off the cliff. we've got new details on the plan, the president's scaled-down proposal. here's what's on the table. extend the current tax rates for 98% of americans, incomes up to $250,000. extend unemployment benefits, that's an important point. not being talked about enough. extending the alternative minimum tax patch. prevents cuts in payments to doctors who treatment medicare payments. -- patients. would this scaled-down proposal save us from economic disaster? >> we've done a tremendous amount of damage to ourselves, embarrassing ourselves around the world. we're assuring investors we're as risky as standard & poor's thought we were when they reduced our credit rating. it would be great if we could avoid sharp credit risks. restoring the unemployment insurance benefits is really important because you have millions of people who are depending on this for income. and they're going to spend that money if you give it to them and that's what the economy needs. >> absolutely right. >> wait, hold on.
. >> stephen moore saying we're going off the cliff. we've got new details on the plan, the president's scaled-down proposal. here's what's on the table. extend the current tax rates for 98% of americans, incomes up to $250,000. extend unemployment benefits, that's an important point. not being talked about enough. extending the alternative minimum tax patch. prevents cuts in payments to doctors who treatment medicare payments. -- patients. would this scaled-down proposal save us from...
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Dec 1, 2012
12/12
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ethan pollak, steven moore, you guys ready to play? >> sure. >> we are. >> i know you spoke to our producer today and he seems to think nobody can beat him at this game. the best in the world. let's get straight to it. steven, a few weeks ago, you were optimistic. so was erskine bowles. the president was. john boehner was. congress' approval ratings seemed to go up because everybody seems so conciliatory. is this going to get done? >> i very rarely admit that i was wrong, but i'm starting to get worried that maybe i was wrong. that these sides are further apart now than they were two weeks ago, which is hard to believe. i think this is going to get done. i don't think we're going to go over the fiscal cliff. republicans have put some proposals on the table moving in barack obama's direction. i don't know exactly what the game that tim geithner was playing yesterday. not only, and thank you, erin, for getting some of this math right. the president said 2.5 for every tax increase and yesterday he came up with $4 of new taxes for every do
ethan pollak, steven moore, you guys ready to play? >> sure. >> we are. >> i know you spoke to our producer today and he seems to think nobody can beat him at this game. the best in the world. let's get straight to it. steven, a few weeks ago, you were optimistic. so was erskine bowles. the president was. john boehner was. congress' approval ratings seemed to go up because everybody seems so conciliatory. is this going to get done? >> i very rarely admit that i was...
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steve rattner is the steering committee for fix the debt and stephen moore senior economics writer. i appreciate you both taking the time. this is a tough time for the country and one where everyone will rise to the occasion and we'll have a hasn't ending. john boehner said in that interview with diane sawyer on abc news he's the most reasonable responsible person here in washington. does that sound reasonable? >> i've been interviewing a lot of people on the republican side and i would agree with your assessment right now it appears both side are exactly where they were back a year ago august when we were up against that debt ceiling. not a lot has changed. president obama is going make the case that look i won the election and i ran on raising the tax rates on the rich. but the republicans in the house said wait we won our election and we won on not raising the tax rates. there's a mexican standoff and erin right now i think they are right back where they started but do i think there's a good chance given the fact that fiscal cliff will hit in a number of weeks that there is going
steve rattner is the steering committee for fix the debt and stephen moore senior economics writer. i appreciate you both taking the time. this is a tough time for the country and one where everyone will rise to the occasion and we'll have a hasn't ending. john boehner said in that interview with diane sawyer on abc news he's the most reasonable responsible person here in washington. does that sound reasonable? >> i've been interviewing a lot of people on the republican side and i would...
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well, stephen moore of the "wall street journal" and the former labor secretary, robert reich whose book is called "beyond outrage." mr. reich, let me argue here, obviously it was pretty overwhelming. we had a coup of people who thought that more stimulus would be appropriate. one said krugman style would be the way he goes. >> erin, if you don't think that more stimulus is appropriate or necessary or even possible right now, at the very least you don't want to do more government cutting. one reason the economy slowed down in the first quarter of this year to an annualized rate of 2.2% is because of all the government cutting in spending. europe's austerity policies there have proven that that kind of a government cutting, when you have so much unemployment and so much reluctance on the part of consumers and businesses to spend is a recipe for disaster. it slows the economy even more. >> that's an interesting point you make. the cut backs in government payrolls are really hurting, does it justify more spending? >> well, you know, to borrow a phrase from president obama, erin and bob, we
well, stephen moore of the "wall street journal" and the former labor secretary, robert reich whose book is called "beyond outrage." mr. reich, let me argue here, obviously it was pretty overwhelming. we had a coup of people who thought that more stimulus would be appropriate. one said krugman style would be the way he goes. >> erin, if you don't think that more stimulus is appropriate or necessary or even possible right now, at the very least you don't want to do more...
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Aug 31, 2012
08/12
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stephen moore, let me start with you, because you were probably thrilled when bernanke said 2 million jobs and you could divide the $2.3 trillion and get $1.2 million per job. that's a pretty high number. >> yeah, sure is. i was hardly thrilled by it. if we're going to put another let's say 1 million people to work, we're going to have to print $1 trillion more. i'm not sure that's such a good bargain. i'm not so sure. i'm not as rosy as you are about his performance, bernanke and the fed's performance, over the last three or four years. it is true, they printed several trillion dollars. we've had a couple million jobs created. it's also true, erin, with this record amount of money creation and low interest rates we've had the lousiest job creation in any post world war ii recession since the great depression. so where is the evidence that this works? one last point if i may. >> yep. >> you asked the question, is this going to bail out barack obama, is the push for kqe3 goig to help obama get re-elected? i doubt it. doesn't matter what the fed does at this point in my opinion. because
stephen moore, let me start with you, because you were probably thrilled when bernanke said 2 million jobs and you could divide the $2.3 trillion and get $1.2 million per job. that's a pretty high number. >> yeah, sure is. i was hardly thrilled by it. if we're going to put another let's say 1 million people to work, we're going to have to print $1 trillion more. i'm not sure that's such a good bargain. i'm not so sure. i'm not as rosy as you are about his performance, bernanke and the...
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Jan 12, 2012
01/12
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folks like michael moore and moveon.org who are trying to attack free enterprise and attack economic freedoms. we are not surprised at these sort of arguments would come up during this presidential campaign. we fully expect that these on the left and president obama are going to try to offer up these extortions about free enterprise. what we find surprising is that it would come from fellow republicans. people who are supposed to defend free enterprise. >> it is interesting. joe biden was on the same side as rick perry, steve. >> well, i think the wall street journal, for example, had a very good editorial this morning, actually defending myth romney and having equity funds. but they also did raise the question he must answer questions about those handfuls of situations, where they went in the company that was weak and prematurely took out dividends and excess management fees. so answering those questions are very legitimate. and better to get that out of the way now than in the fall. no one is arguing against the concept of having equity funds going in with companies that are weak,
folks like michael moore and moveon.org who are trying to attack free enterprise and attack economic freedoms. we are not surprised at these sort of arguments would come up during this presidential campaign. we fully expect that these on the left and president obama are going to try to offer up these extortions about free enterprise. what we find surprising is that it would come from fellow republicans. people who are supposed to defend free enterprise. >> it is interesting. joe biden was...
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Oct 31, 2012
10/12
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>> police say glenda moore was -- >> that's all the time we have. stay with cnn throughout the night for late breaking developments. erin burnett out front starts right now. >>> "out front" next the devastating view. president obama gets an up close view of the devastation across the state of new jersey. and i spent the day today in hoboken, new jersey, just across the hudson river from manhattan. tonight national guard troops are still going through the floodwaters trying to rescue people trapped in their homes. >>> one of the largest hospitals in new york is being evacuated at this moment, the second hospital forced to be evacuated after losing power and relying on backup generators. the president of the hospital will join us live. let's go "out front." good evening, everyone. i'm erin burnett. search and rescue. two days after one of the most devastating storms to hit the east coast of the united states, there's frustration, desperation, fear. people are cold, people are tired and people are hungry. dramatic scenes like this are playing out in ne
>> police say glenda moore was -- >> that's all the time we have. stay with cnn throughout the night for late breaking developments. erin burnett out front starts right now. >>> "out front" next the devastating view. president obama gets an up close view of the devastation across the state of new jersey. and i spent the day today in hoboken, new jersey, just across the hudson river from manhattan. tonight national guard troops are still going through the...
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Aug 7, 2012
08/12
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moore said he filed pick art for not being loyal. the direct quote was he had not been loyal to my friendship. and you know what? there's something to that. here's to show that loyalty city counts. >>> and now to tonight's outer circle where we reach out to sources around the world. in syria where the u.n. pulled its monitors from the city of aleppo, a battle of control for the city has been raging for days. life is increasingly difficult for people who are left behind. mohamed jam june is following the story. >> reporter: according to activists, the situation is terrible. it is tire, and it is only getting worse. we're hearing about a constant pounding by shelling going on in several neighborhoods aleppo. the regime is using war planes to shell a lost neighborhoods in aaleppo to drive out the syrian rebels. we're also hearing about a humanitarian crisis in aleppo that has been worsening. we've heard for days now there are food shortages, bread shortages, fuel shortages. now we're hearing today in certain neighborhoods there aren't e
moore said he filed pick art for not being loyal. the direct quote was he had not been loyal to my friendship. and you know what? there's something to that. here's to show that loyalty city counts. >>> and now to tonight's outer circle where we reach out to sources around the world. in syria where the u.n. pulled its monitors from the city of aleppo, a battle of control for the city has been raging for days. life is increasingly difficult for people who are left behind. mohamed jam...
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Jan 12, 2012
01/12
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folks like michael moore and moveon.org, who are trying to always attack free enterprise and attack economic freedoms. we are not surprised that these sort of arguments would come up during this campaign. we expect those on the left and president obama are going to try and make these, offer up these distortions about free enterprise. what we find surprising is that it would come from fellow republicans. >> it is interesting. joe biden was on the same side as rick perry. >> i think "the wall street journal" for example had a very good editorial this morning. defending mitt romney and the concept of equity capital, having equity funds, but they also raised the questions that he must answer questions about the situations where he went in the company that was weak and premature and took out excess fees. better to get that out of the way now than in the fall. no one has argued against the concept of having equity funds with companies that are weak, trying to turn them around. but where you overdid it, took out dividends prematurely, answer the question. very simple. >> the reason that rick perry
folks like michael moore and moveon.org, who are trying to always attack free enterprise and attack economic freedoms. we are not surprised that these sort of arguments would come up during this campaign. we expect those on the left and president obama are going to try and make these, offer up these distortions about free enterprise. what we find surprising is that it would come from fellow republicans. >> it is interesting. joe biden was on the same side as rick perry. >> i think...